Wells Fargo & Company (NYSE:WFC) went up by 1.47% from its latest closing price compared to the recent 1-year high of $54.75. The company’s stock price has collected -7.86% of loss in the last five trading sessions. MarketWatch.com reported 20 hours ago that Short-sellers have made a killing on these 5 stocks so far this year
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Is It Worth Investing in Wells Fargo & Company (NYSE :WFC) Right Now?
Wells Fargo & Company (NYSE:WFC) scored a price-to-earnings ratio above its average ratio, recording 57.66 x from its present earnings ratio. Plus, the 36-month beta value for WFC is at 1.09. Opinions of the stock are interesting as 7 analysts out of 28 who provided ratings for Wells Fargo & Company declared the stock was a “buy,” while 1 rated the stock as “overweight,” 17 rated it as “hold,” and 3 as “sell.”
The average price from analysts is $29.90, which is $8.14 above the current price. WFC currently public float of 4.10B and currently shorts hold a 0.84% ratio of that float. Today, the average trading volume of WFC was 40.26M shares.
WFC’s Market Performance
WFC stocks went down by -7.86% for the week, with a monthly drop of -8.96% and a quarterly performance of -11.69%, while its annual performance rate touched -58.45%. The volatility ratio for the week stands at 2.95% while the volatility levels for the past 30 days are set at 2.71% for Wells Fargo & Company. The simple moving average for the period of the last 20 days is -8.52% for WFC stocks with a simple moving average of -27.39% for the last 200 days.
Analysts’ Opinion of WFC
UBS, on the other hand, stated in their research note that they expect to see WFC reach a price target of $24, previously predicting the price at $21. The rating they have provided for WFC stocks is “Neutral” according to the report published on September 11th, 2020.
WFC Trading at -10.18% from the 50-Day Moving Average
After a stumble in the market that brought WFC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -60.82% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 2.95%, as shares sank -10.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -9.68% lower at present.
During the last 5 trading sessions, WFC fell by -7.86%, which changed the moving average for the period of 200-days by -56.45% in comparison to the 20-day moving average, which settled at $23.32. In addition, Wells Fargo & Company saw -60.13% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WFC starting from NOSKI CHARLES H, who purchase 20,000 shares at the price of $29.53 back on Mar 13. After this action, NOSKI CHARLES H now owns 20,235 shares of Wells Fargo & Company, valued at $590,600 using the latest closing price.
SCHARF CHARLES W, the CEO & President of Wells Fargo & Company, purchase 173,000 shares at $28.69 during a trade that took place back on Mar 13, which means that SCHARF CHARLES W is holding 176,916 shares at $4,963,370 based on the most recent closing price.
Stock Fundamentals for WFC
Current profitability levels for the company are sitting at:
- +26.34 for the present operating margin
The net margin for Wells Fargo & Company stands at +17.86. The total capital return value is set at 5.45, while invested capital returns managed to touch 5.15. Equity return is now at value 7.60, with 0.60 for asset returns.
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Based on Wells Fargo & Company (WFC), the company’s capital structure generated 180.61 points at debt to equity in total, while total debt to capital is 64.36. Total debt to assets is 17.62, with long-term debt to equity ratio resting at 116.45. Finally, the long-term debt to capital ratio is 36.72.
When we switch over and look at the enterrpise to sales, we see a ratio of 5.27, with the company’s debt to enterprise value settled at 0.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.54.
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